Current as of January 01, 2018 | Updated by FindLaw Staff
Welcome to FindLaw's Cases & Codes, a free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.
1. On each June thirtieth, or within a reasonable time thereafter as may be fixed by regulation, the balance of an employer's experience rating account, except an employer participating in a shared work plan under section 288.500, shall determine his contribution rate for the following calendar year as determined by the following table:
Equals or Exceeds |
Less Than |
Contribution Rate |
---|---|---|
- - |
-12.0 |
6.0% |
-12.0 |
-11.0 |
5.8% |
-11.0 |
-10.0 |
5.6% |
-10.0 |
-9.0 |
5.4% |
-9.0 |
-8.0 |
5.2% |
-8.0 |
-7.0 |
5.0% |
-7.0 |
-6.0 |
4.8% |
-6.0 |
-5.0 |
4.6% |
-5.0 |
-4.0 |
4.4% |
-4.0 |
-3.0 |
4.2% |
-3.0 |
-2.0 |
4.0% |
-2.0 |
-1.0 |
3.8% |
-1.0 |
0 |
3.6% |
0 |
2.5 |
2.7% |
2.5 |
3.5 |
2.6% |
3.5 |
4.5 |
2.5% |
4.5 |
5.0 |
2.4% |
5.0 |
5.5 |
2.3% |
5.5 |
6.0 |
2.2% |
6.0 |
6.5 |
2.1% |
6.5 |
7.0 |
2.0% |
7.0 |
7.5 |
1.9% |
7.5 |
8.0 |
1.8% |
8.0 |
8.5 |
1.7% |
8.5 |
9.0 |
1.6% |
9.0 |
9.5 |
1.5% |
9.5 |
10.0 |
1.4% |
10.0 |
10.5 |
1.3% |
10.5 |
11.0 |
1.2% |
11.0 |
11.5 |
1.1% |
11.5 |
12.0 |
1.0% |
12.0 |
12.5 |
0.9% |
12.5 |
13.0 |
0.8% |
13.0 |
13.5 |
0.6% |
13.5 |
14.0 |
0.4% |
14.0 |
14.5 |
0.3% |
14.5 |
15.0 |
0.2% |
15.0 |
- - |
0.0% |
2. Using the same mathematical principles used in constructing the table provided in subsection 1 of this section, the following table has been constructed. The contribution rate for the following calendar year of any employer participating in a shared work plan under section 288.500 during the current calendar year or any calendar year during a prior three-year period shall be determined from the balance in such employer's experience rating account as of the previous June thirtieth, or within a reasonable time thereafter as may be fixed by regulation, from the following table:
Equals or Exceeds |
Less Than |
Contribution Rate |
---|---|---|
- - |
-27.0 |
9.0% |
-27.0 |
-26.0 |
8.8% |
-26.0 |
-25.0 |
8.6% |
-25.0 |
-24.0 |
8.4% |
-24.0 |
-23.0 |
8.2% |
-23.0 |
-22.0 |
8.0% |
-22.0 |
-21.0 |
7.8% |
-21.0 |
-20.0 |
7.6% |
-20.0 |
-19.0 |
7.4% |
-19.0 |
-18.0 |
7.2% |
-18.0 |
-17.0 |
7.0% |
-17.0 |
-16.0 |
6.8% |
-16.0 |
-15.0 |
6.6% |
-15.0 |
-14.0 |
6.4% |
-14.0 |
-13.0 |
6.2% |
-13.0 |
-12.0 |
6.0% |
-12.0 |
-11.0 |
5.8% |
-11.0 |
-10.0 |
5.6% |
-10.0 |
-9.0 |
5.4% |
-9.0 |
-8.0 |
5.2% |
-8.0 |
-7.0 |
5.0% |
-7.0 |
-6.0 |
4.8% |
-6.0 |
-5.0 |
4.6% |
-5.0 |
-4.0 |
4.4% |
-4.0 |
-3.0 |
4.2% |
-3.0 |
-2.0 |
4.0% |
-2.0 |
-1.0 |
3.8% |
-1.0 |
0 |
3.6% |
0 |
2.5 |
2.7% |
2.5 |
3.5 |
2.6% |
3.5 |
4.5 |
2.5% |
4.5 |
5.0 |
2.4% |
5.0 |
5.5 |
2.3% |
5.5 |
6.0 |
2.2% |
6.0 |
6.5 |
2.1% |
6.5 |
7.0 |
2.0% |
7.0 |
7.5 |
1.9% |
7.5 |
8.0 |
1.8% |
8.0 |
8.5 |
1.7% |
8.5 |
9.0 |
1.6% |
9.0 |
9.5 |
1.5% |
9.5 |
10.0 |
1.4% |
10.0 |
10.5 |
1.3% |
10.5 |
11.0 |
1.2% |
11.0 |
11.5 |
1.1% |
11.5 |
12.0 |
1.0% |
12.0 |
12.5 |
0.9% |
12.5 |
13.0 |
0.8% |
13.0 |
13.5 |
0.6% |
13.5 |
14.0 |
0.4% |
14.0 |
14.5 |
0.3% |
14.5 |
15.0 |
0.2% |
15.0 |
- - |
0.0% |
3. Notwithstanding the provisions of subsection 2 of section 288.090, any employer participating in a shared work plan under section 288.500 who has not had at least twelve calendar months immediately preceding the calculation date throughout which his account could have been charged with benefits shall have a contribution rate equal to the highest contribution rate in the table in subsection 2 of this section, until such time as his account has been chargeable with benefits for the period of time sufficient to enable him to qualify for a computed rate on the same basis as other employers participating in shared work plans.
4. Employers who have been taxed at the maximum rate pursuant to this section for two consecutive years shall have a surcharge of one-quarter percent added to their contribution rate calculated pursuant to this section. In the event that an employer remains at the maximum rate pursuant to this section for a third or subsequent year, an additional surcharge of one-quarter percent shall be annually assessed, but in no case shall the surcharge authorized in this subsection cumulatively exceed one percent. Additionally, if an employer continues to remain at the maximum rate pursuant to this section an additional surcharge of one-half percent shall be assessed. In no case shall the total surcharge assessed to any employer exceed one and one-half percent in any given year.
Cite this article: FindLaw.com - Missouri Revised Statutes Title XVIII. Labor and Industrial Relations § 288.120. Employer’s contribution rate, how determined--exception for shared work plan, how computed--surcharges for employers taxed at the maximum rate - last updated January 01, 2018 | https://codes.findlaw.com/mo/title-xviii-labor-and-industrial-relations/mo-rev-st-288-120/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.